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Old 12-20-2004, 05:07 PM   #33
sakky
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Join Date: Aug 2004
Posts: 11,661
Fine, fair enough, Joseph Jamail. Although in my previous post, I put up an old Forbes link. According to the 2004 Forbes list of billionaires, he's actually #472. He made a 1/3 of a billion in fees off the Pennzoil case, although that was in 1980's money, so that money was lot more valuable than today's money. And the key is that he wasn't working for somebody else or wasn't even a partner of a major firm - he founded and ran his own firm. So, really, he was not really a pure lawyer as such, but actually a hybrid lawyer/entrepreneur. But OK, fine, I will accept that there is one billionaire who made his money off lawsuits.

http://www.forbes.com/finance/lists/...Keyword=jamail

Compare that to all the billionaires who made their money from banking/high-finance, and I think my point still stands - it's easier to make more money from banking than from law.
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